Martin, TN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
85
Martin's Overall Cost Of Living
0.8x
Lower Than The National Average
38 out of 105
In Tennessee
795 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Martin is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Martin, TN?

According to the most recent data on the cost of living, Martin has an overall cost of living index of 85 which is 0.8x lower than the national index of 100.

Compared to only Tennessee, Martin has a cost of living index that's 1.0x lower than Tennessee's index of 89.

The standard of living in Martin ranks as #795 most affordable out of the 6,522 places we measured in Tennessee. By definition, that implies Martin ranks as the #5,611 most expensive place in the Volunteer State.

For more reading on life in Martin, check out:

Martin Cost Of Living Vs. Tennessee

Living Expense Martin Tennessee National Average
Overall 85 89 100
Services 96 93 100
Groceries 91 95 100
Health 83 89 100
Housing 65 80 100
Transportation 90 88 100
Utilities 97 96 100
For more reading on cost of living around Tennessee, check out:
Martin Cost of Living Vs. TN

Martin, TN Housing Cost Breakdown

Housing swings affordability the most between places in Tennessee, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$128,600
Median Home Value
$665
Median Rent
$32,364
Median Income
Statistic Martin Tennessee United States
Median Home Value $128,600 $167,200 $217,500
Median Rent $665 $869 $1,062
Median Income $32,364 $53,320 $62,843
Home Value To Income 4.0x 3.1x 3.5x
Rent To Monthly Income 0.25x 0.2x 0.2x

Detailed Martin Services Costs Vs. Tennessee

Item Martin Tennessee
Shampoo $0.89 $1.01
Movie $9.33 $10.72
Bowling $15.0 $13.86

Detailed Martin Groceries Costs Vs. Tennessee

Item Martin Tennessee
Ground Beef $4.1 $3.9
Fried Chicken $1.14 $1.4
Milk $1.83 $1.96

Detailed Martin Health Costs Vs. Tennessee

Item Martin Tennessee
Haircut $18.67 $17.49
Beauty Salon $34.0 $38.17
Toothpaste $1.76 $2.32

Detailed Martin Transportation Costs Vs. Tennessee

Item Martin Tennessee
Potatoes $2.72 $3.18
Pizza $11.49 $10.39
Beer $9.74 $9.23
Optometrist $92.0 $106.34
Doctor $129.17 $115.25
Dentist $64.0 $98.38

Detailed Martin Utilities Costs Vs. Tennessee

Item Martin Tennessee
Gasoline $2.35 $2.59
Tire Balancing $44.5 $48.9
All Electricity $158.37 $167.6
Phone $182.13 $163.42

Martin SnackAbility

4
/10
Overall SnackAbility
Jobs
5/10
Housing
5
Affordability
5
Diversity
8
Safety
6
Amenities
8
Education
8
Commute
9.5

Cost Of Living In Cities Around Martin

City Population Cost Of Living Vs. Martin
Jackson, TN 66,870 88 1.0x
Wilson, NC 49,272 90 1.1x
Murray, KY 19,171 92 1.1x
Milan, TN 7,672 84 1.0x
McKenzie, TN 5,328 82 1.0x

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